An Indian 19-year-old girl found cooked to death inside Walmart Bakery’s oven in Canada has been identified as Gursimran Kaur. Kaur, who had moved to Canada from the UK with her mother within the past three years, was found by her mother inside the store’s bakery department while the store was still open. Halifax regional…
Ecommerce major Flipkart and Zepto were reportedly in talks but the deal failed to get through. According to an exclusive report in Economic Times, ecommerce major Flipkart and Zepto held talks for a potential deal but the discussions fell through and are unlikely to be revived, said two people in the know of the matter….
Lululemon Athletica Inc on Thursday forecast fourth-quarter results below expectations, striking a cautious tone for the holiday season and sending shares of the premium apparel retailer down 2% in extended trading. The forecast, after a strong third-quarter show, mirrors sentiments from other U.S. retailers such as Walmart, Best Buy and Kohl‘s which have hinted at…
NEW DELHI: From farmers to fashion designers, the government and export promotion councils will showcase the entire value chain at the biggest ever textile show in February. The show will cover not just Bharat Mandapam but also the newly built Yashobhoomi in the capital, as it seeks to position India as a major player in…
GAP Gap on Thursday forecast holiday-quarter sales below estimates, but posted better-than-expected results for the third quarter thanks to easing supply expenses and cost-control efforts, sending its shares up 11% in extended trading. Major retailers like Walmart and Target have struck a cautious tone heading into the all-important shopping season, with consumers cutting back on…
Representative Image Tata group company Titan, which agreed to purchase CaratLane founder Mithun Sacheti‘s stake in the omnichannel jewellery retailer for Rs 4,621 crore, is expected to buy employee stock options (ESOPs) held by CaratLane employees for around Rs 340-350 crore, or approximately $42 million, people aware of the discussions said. The company has around…
